The ruble will collapse after the oil

04 June 2018, 11:54 | Economy 
фото с YTPO.ru

The prices for oil went down, which will negatively affect the exchange rate of the Russian currency. Today, the ruble can significantly outgrow against the dollar and the euro. The main task for the "wooden" for the next week is to get rid of the overwhelming influence of oil quotes, although it will not be easy. Last Friday, June 1, the ruble weakened predictably to major world currencies during the morning trading session. However, in the evening he managed to win back part of the losses. Players positively assessed the formation of the Government of Italy. After three months of political struggle, the cabinet was formed. It will be headed by economist Giuseppe Comte. This reduces the risks of economic shocks in the euro area. A second positive signal was good US macroeconomic statistics. From this, investors again woke up an increased appetite for risk, and they began to invest actively in the currencies of developing countries. As a result, following Friday trading, the ruble rose by 21 kopecks against the dollar and by 41 kopecks against the euro. The value of the American currency was 62.19 rubles, the European currency - 72.57 rubles. But today the movement of the Russian currency will unfold in the opposite direction. After the May records, when the cost of oil reached $ 80 per barrel, by the beginning of summer, black gold had seriously subsided. On Monday morning for a barrel of Brent crude on the exchange give $ 76.54. The ruble becomes a hostage to the situation: its course will inevitably go down, since fundamentally Russia's economy continues to depend on oil exports, which means that the ruble is firmly tied to its value. So far, we have to admit that the national currency can not get rid of raw materials dependence. "Those movements that indicate that the ruble is being" loosened up "merely indicate that factors that can affect the movement of the ruble other than oil simply become larger. But oil is not going anywhere and will not go away, "says Igor Nikolaev, director of the Institute for Strategic Analysis of the company" Financial and Accounting Consultants ". "The ruble ignores the decline in oil prices. But for a long time he will not be able to hold his position in the region of 62 rubles. I believe that his stability will be disrupted at the beginning of the week, "agrees Alpari analyst Vladislav Antonov. The psychological barrier for the Russian currency is a mark of 63 rubles for $ 1. As soon as the dollar overcomes it, the weakening of the ruble will accelerate. As for the value of the euro, in the next couple of days it is unlikely to exceed the limits of 73 rubles.

Источник: YTPO.ru